From Money And Markets: We often overlook supposedly “old school” blue chips that are adapting quite well to the technological landscape. Wal-Mart is an excellent example.
From Zacks: The struggles seem to be over for Wal-Mart (WMT). According to Jim Cramer, Wal-Mart has proved the “theoretically impossible” point with a host of growth initiatives and posed itself as one of the close competitors of Amazon (AMZN).
The recent surge in Wal-Mart Stores Inc (NYSE:WMT) post a well-received quarterly earnings report (it has rallied over 3.7% just in the past five days) has boosted the Retail Equity sector in general, especially those ETFs which have a considerable weighting to the stock.
Amazon.com, Inc. (NASDAQ:AMZN) now faces some major competition in the “free shipping” retail space, with Wal-Mart Stores Inc (NYSE:WMT) upping the ante and offering free two-day shipping without a subscription.
From StockNews.com: Retail superpower Wal-Mart Stores, Inc. (NYSE:WMT), intent on competing with Amazon, has acquired a major online shoe retailer via a subsidiary, it announced yesterday.
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This week has marked a rare departure from international headlines, as media attention has been centered around numerous government data announcements in the US.